Justin Tye

Morongo Valley, CA

Single-Family Homes

Active Realty I REAL



Morongo Valley, CA

Thu Feb 13 2025
This week the median list price for Morongo Valley, CA is $451,500 with the market action index hovering around 31. This is less than last month's market action index of 35. Inventory has decreased to 22. Click here to stay informed with the Morongo Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Morongo Valley, CA

Thu Feb 13 2025
This week the median list price for Morongo Valley, CA is $451,500 with the market action index hovering around 31. This is less than last month's market action index of 35. Inventory has decreased to 22. Click here to stay informed with the Morongo Valley market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Morongo Valley market.
Median List Price $451,500
Median Price of New Listings $0
Per Square Foot $307
Average Days on Market 114
Median Days on Market 119
Price Decreased 45%
Price Increased 0%
Relisted 27%
Inventory 22
Median Rent
Market Action 31
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$875,000 1,750 5 - 10 acres 3 2.5 67 0 0 84
$489,000 1,750 0.25 - 0.5 acre 3 2 49 0 0 154
$432,450 1,390 1 - 2.5 acres 2 1.5 53 0 0 129
$262,000 707 1 - 2.5 acres 2 1 66 0 1 73